C15 Biodiversity

Module Overview

Disclosure on actions to preserve or improve biodiversity will help organizations to evaluate the relevancy and efficacy of their commitments and consider the biodiversity-related risks and impacts of their business practices.

The data will help with the understanding of the interdependence between biodiversity and business resilience. Demand is increasing for biodiversity-related data that will enable financial institutions to develop investment strategies, and to engage effectively with companies to address the loss of forests and biodiversity that is exposing them to risk throughout their value chains.

This module takes a staged, circular approach, aligned with the International Union for the Conservation of Nature (IUCN’s) guidelines for the planning and monitoring biodiversity performance by companies:

• Develop a set of linked corporate level biodiversity performance indicators
• Implement systems to use the indicators and the data they produce
• Evaluate progress with a periodic review of priorities, ambitions and indicators.

In addition, companies will report on their approach to the governance of biodiversity–related issues.

The questions in this module were influenced by the 4 stage structure as outlined in the IUCN: Guidelines for planning and monitoring corporate biodiversity performance.

Key changes

• Six new questions
  
  • C15.1 requests details of board-level oversight of biodiversity-related issues.
  • C15.2 requests details of public commitments/endorsements related to biodiversity.
  • C15.3 requests details of the impact of the value chain on biodiversity.
  • C15.4 requests details of actions to progress biodiversity-related commitments.
  • C15.5 requests details of biodiversity indicators and performance monitoring.
  • C15.6 requests details of other biodiversity-related publications.

Click here for a list of all changes made this year.

Pathway diagram - questions

This diagram shows the general questions contained in module C15. To access question-level guidance, use the menu on the left to navigate to the question.